Nuclear energy: Economist considers reactivation of deactivated reactors to be “business nonsense” | EUROtoday

The chief economist on the Potsdam Institute for Climate Impact Research (PIK), Ottmar Edenhofer, has declared a transfer by Union parliamentary group chief Jens Spahn (CDU) to reactivate the nuclear energy crops that have been not too long ago shut down in Germany to be nonsensical.

“In view of the high costs, that would be nonsense from a business perspective, and there are no sufficient economic reasons for it either,” Edenhofer advised the newspapers of the Germany editorial community. “I am not ideologically against nuclear energy,” mentioned Edenhofer. “But I don’t see who should reactivate the old reactors or build new ones.”

Edenhofer mentioned he agreed with Economics Minister Katherina Reiche (CDU) to construct new fuel energy crops. “In combination with the further expansion of renewable energies, this is the right path.” Large photo voltaic methods are extra useful than personal photo voltaic roof methods. Private local weather safety within the type of increasingly more personal roof methods might make sense, however the present regulation creates huge false incentives.

“Private operators usually feed in the electricity when there is already a lot of electricity in the network, and then use the network when electricity is scarce,” mentioned Edenhofer. “Reimbursing a uniform and ultimately subsidized cent amount for renewable generation at any time of the day or night is not an expression of smart climate policy.” The solar energy remuneration have to be based mostly on inventory market costs. “This is the only way people have an incentive to, for example, use their home batteries sensibly.”